Finding a Top Financial Advisor Firm in Lincoln, Nebraska
Finding the right financial advisor is challenging. SmartAsset has simplified the search for investors by determining for the top financial firms in Lincoln. This list of the top Lincoln financial advisor firms is the result of dozens of hours of research into the city’s numerous firms. Below, we lay out our findings about these firms and what differentiates them from one another. If you need more guidance as you search for an advisor, SmartAsset’s financial advisor matching tool can pair you with financial advisors near you.
How We Found the Top Financial Advisor Firms in Lincoln, Nebraska
To determine this list of top financial firms, SmartAsset considered all U.S. Securities and Exchange Commission (SEC)-registered firms in Lincoln. We specifically looked at SEC-registered firms because they have a fiduciary duty to put their clients’ best interests ahead of their own. From there, we eliminated any firms that had disciplinary issues, so the final list of firms that we considered only included firms with clean records. We also eliminated any firms that did not manage individual accounts or have financial planners on staff. The remaining firms were sorted according to assets under management (AUM), from highest AUM to lowest.
Lincoln Capital, LLC
Lincoln Capital, LLC tops our list with $235.29 million in assets under management (AUM). That is nearly double the AUM of the second firm on our list, Flagstone Financial Management, LLC. There is no minimum investment required to use the services of Lincoln Capital, but the firm says that its focus is on high-net-worth clients. It focuses on business owners in particular, though it also offers services for individuals, trusts and corporations.
Lincoln Capital has one certified financial planner (CFP) on staff. The firm also has three investment advisor representatives.
Lincoln Capital, LLC Background
Founded in 2005, Lincoln Capital, LLC became an Investment Advisor Representative (IAR) in 2013. As an IAR, the firm is a fiduciary. Judd Norman is the sole owner of Lincoln Capital, LLC and he is also an investment advisor representative at the firm.
According to the firm, its mission is to provide “independent, unbiased, client-focused financial planning.” In addition to helping clients meet their financial goals, Lincoln Capital emphasizes connecting with clients on a human level. The firm says that many of its clients joined through referrals from clients and other professionals who have worked with the firm
Lincoln Capital, LLC Investing Approach
When it comes to investing, Lincoln Capital states that its goal is to create a highly individualized investing plan for each client. The firm also emphasizes that its focus is on long-term growth to maximize investment growth over time.
The firm invests its clients’ assets in stocks and companies that it believes will continue to perform well 10 or 20 years in the future. Lincoln Capital also makes a point to invest in fixed-income securities like certificates of deposit (CDs) and treasury bonds.
Flagstone Financial Management, LLC
Flagstone Financial Management, LLC, the second firm on our list of top firms in Lincoln, shares a few similarities with the top firm on our list, Lincoln Capital, LLC. For example, Flagstone Financial Management has a small staff with one certified financial planner (CFP).
Like Lincoln Capital, Flagstone Financial Management does not require a minimum investment to start using its services. The firm offers services for high-net-worth and non-high-net-worth individuals, foundations and endowments, banks, trusts, estates and corporations.
Flagstone Financial Management, LLC Background
Flagstone Financial Management, LLC, is a much younger firm than Lincoln Capital, LLC, which was founded in 2005. Flagstone Financial Management, LLC was founded in 2016 by Michael T. Johnson. Johnson is the firm’s only CFP. He also has a J.D.
Flagstone Financial Management provides a range of services to cover the needs of all investors. If a client just needs help creating or improving their financial plan, the firm offers one-time consultation services, as well as ongoing consultation services. While there are no fees for receiving a consultation, the client will need to pay the firm for its time at an hourly rate of $100 to $400 per hour.
A client who wants more help can also choose to take part in the Strategic Wealth Management Program. This program includes a more comprehensive investing plan for the client. Fees for this program are typically up to 1.5% of the clients assets under management.
Flagstone Financial Management, LLC Investing
One point of focus for Flagstone Financial Management is removing emotion from investing. On the firm’s website, it cites multiple studies that show that investors make poor financial decisions when they fall into certain behavioral traps. Behavioral finance is a relatively new field, but it has grown in popularity over the past few decades.
Flagstone Financial Management combines this behavioral focus with diversified, low-cost portfolios. The firm invests its clients' assets in domestic and international markets.